King Salmon invests as climate change heats fish farms
By Pattrick Smellie Aug. 29 (BusinessDesk) - Rising summer sea temperatures are forcing New Zealand King Salmon to invest in new techniques to reduce farmed fish deaths that are holding back profitability even as demand for its products surges. The aquaculture operator repo...
Allied Farmers seeking incremental growth after 'steady' FY19
By Pattrick Smellie Aug. 28 (BusinessDesk) - Rural services provider Allied Farmers has reported a third year of flat profitability after strengthening its balance sheet with new capital in the year to June 30 and it's signalling it may consider a small public debt issue if in...
Govt clamps down on web service providers after data breach
By Pattrick Smellie Aug. 26 (BusinessDesk) - A swathe of government departments have been ordered not to use web and information communications technology service providers not on an approved list following disclosure of a major data privacy breach over the weekend. The Tre...
National floats company tax cut, recommits to higher pension age
By Pattrick Smellie Aug. 26 (BusinessDesk) - The National Party is floating a cut to New Zealand's 28 percent company tax rate among a suite of possible tax changes it would promise going into the 2020 election. "New Zealand has one of the highest company tax rates in the O...
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